Re:Theranos Founder Elizabeth Holmes Is Denied a Bid for New...
by pyuser583 on Tuesday November 08, 2022 @01:43PM
(#33522635)
Sorry I wasn’t clear. I had said:
> “what’s the least restrictive way we can make sure … people are discouraged from similar acts.”
But I really should have broken it into two sentences or a list.
This is a bad take imo. There's also a need for punishments to deter future misconduct by others.
If I, as a hypothetical startup founder, know that I can defraud my investors (among other things!) at the risk of just an embarrassing trial, I am much more likely to engage in fraud than if I risk GOING TO FEDERAL PRISON.
I'm generally not a huge fan of incarceration. But in the case of those whose crimes are premeditated and serious -- and who had every advantage growing up -- I think some prison time is appropriate.